Newfoundland and Labrador Auto Insurance Newfoundland and Labrador vehicle owners must buy insurance coverage from a private insurer. The right coverage is essential. By law, drivers must buy a mandatory amount of insurance.Service NL provides specific guidelines for drivers and vehicles. Looking to Insure Your Car?There are two types of mandatory coverage: accident benefits and third-party liability. Insurance coverages are subject to change. When you buy or renew auto insurance, it’s important to understand what’s currently mandatory and evaluate price, coverage and service options. More than 50 private insurance companies offer auto insurance to consumers and compete on the basis of price, coverage and service.In Newfoundland and Labrador, the person who did not cause the collision has the right to sue the at-fault driver for additional costs and damages not covered by accident benefits. Third-party liability covers you for the legal costs of being sued if you are the at-fault driver.How Your Vehicle Determines Your PremiumThe make or model of your car often determines how much you pay for insurance. If a vehicle has a bad record of theft, car accidents and claims, it could cost more to insure. Review the insurance industry’s research on How Cars Measure Up before choosing your next car. The Newfoundland and Labrador auto insurance system is subject to change. Insurers pay $2 billion per year into Canada’s health care system. Auto Insurance Q & AQuestions to Ask Your Insurance Representative All About Auto InsuranceRegardless of where you live in Canada, auto insurance is required by law. You are not authorized to drive without it. Related ServicesMandatory CoverageMotor vehicle owners in Newfoundland and Labrador must obtain coverage through a private insurer that meets mandatory regulations. In the province, $200,000 in third-party liability coverage is mandatory. Useful LinksTypes of CoverageCollision, specified perils, comprehensive and all perils are among the additional coverages available for your vehicle. In general, these coverages are very similar across the country. Motorcycle InsuranceA standard motorcycle policy typically includes third-party liability, accident benefits and uninsured automobile coverage. Facility AssociationFacility Association’s mission is to administer the automobile insurance residual markets, enhance market stability, and guarantee the availability of automobile insurance to those eligible to obtain it.